PRESS RELEASE

(Source : Information Services Department)

HK, Romania tax treaty in force

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     The agreement between Hong Kong and Romania for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income has entered into force, a government spokesman said today (December 9). 

     The agreement was signed in November 2015. It came into force on November 21, 2016 after the completion of ratification procedures on both sides. It will have effect with respect to income derived on or after January 1, 2017.

Ends/Friday, December 9, 2016
Issued at HKT 14:30

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